Paragon Financial Group provides Factoring & Accounts Receivable Financing in the following US States:





Accounts Receivable Financing & Factoring

If you are seeking accounts receivable financing, invoice factoring, PO funding or asset based lending, then you have taken an enormous step towards increasing your company’s cash flow. Our web site will show you how we can take your accounts receivable invoices and turn them into a river of fresh money. Money for growth, operating capital, and financial stability. Money your company can use to fund payroll, pay suppliers, purchase new equipment, and more. See How Factoring Works Here

Accounts Receivable Financing: How It Works

We simply purchase your invoices and advance up to 90% of the invoice amount, with the remaining portion forwarded to you upon receipt of payment from your customers. It’s that easy! All this without up-front costs and long-term contracts. After reviewing all the information on our web site, make sure to fill out a quick & easy online application or call us for a confidential evaluation or further information. You may also printout our application and fax it back to us.

For a list of useful articles & resources that will help you to understand how Factoring works and how it can help your business succeed, click here.

Factoring: Immediate Cash For Your Business

The process typically works like this: You deliver a product or service and issue an invoice to your customer. Without factoring, you wait 30,60, or 90 days for payment. With factoring, the factor immediately purchases the invoice and advances an initial payment of 70-95 percent of the invoiced amount. In most cases, you'll have funds in your account within 24 hours.

When your customer pays the invoice (payment is made directly to the factor), you'll receive the remaining balance (5 to 30 percent of the invoice amount) less the factor's fee.

How Is Factoring Different Than A Loan From a Bank?

Factoring is the purchase of a company's accounts receivable as opposed to a loan that creates debt on the balance sheet. You are simply speeding up your cash flow with factoring by utilizing an asset your company already had.

Factoring focuses on the creditworthiness of your customers while banks focus on your company's financial history and cash flow.

Accounts receivable funding is not a loan, therefore provides you with less debt on your company's balance sheet. Paragon Financial can make a quick funding decision, while banks may take weeks - even months - to approve a loan.

Receivable Finance Can Benefit Almost Every Industry

Accounts receivable financing (also known as factoring) can greatly benefit any company that sells products or services to commercial accounts. Factoring is ideal for industries that have unbalanced or unsteady cash flow, as they are required to pay their employees and suppliers on a regular basis even when cash received from sales may be unsteady, due to the nature of the industry. Accounts receivable funding will give you cash when your business needs it most.

In order to qualify for factoring, your business must sell to a customer with good credit. We base our approval decisions on your customers ability to pay, and not the credit of your growing business.

For a comprehensive list of Industries we fund, please use the navigation on the left-hand side of this webpage.

to get started, fill out this quick online form

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Testimonials

"The banks just couldn't meet our needs. Thank you for stepping in and providing the funds we needed to grow and prosper."
D.N. - New Jersey

"Thanks one more time for taking us to the next level of success by providing badly needed capital."
S.C. - Tennessee

turn your invoices into cash. call 800 897 5431.

Turn Your Invoices To Cash. Call 1.800.897.5431 Today or Apply Online


Factoring & Accounts Receivable Financing: Useful Articles & Resources


Paragon Financial Group is a factoring company that provides accounts receivable financing and factoring for all major industries. The Industries we fund are:

Factoring Distributors >>   Factoring Freight & Trucking >>   Factoring Export Trade Finance >>     Factoring Government Contracts >>   Factoring Manufacturers >>   Factoring Security Guards >>  Factoring Service Providers >> Factoring Tech Industry >>   Factoring Maintenance >>   Factoring Janitorial Services >>   Factoring Temp Staffing Agencies >>  Factoring Consulting Firms >>   Factoring Wholesalers >> Factoring Cable Sales >>   Factoring Cable Installers >>   Factoring
Importers >>
   Factoring Medical Transcription Services >>   Factoring Construction Supply >>   Factoring Furniture
Industry >>
   Factoring Machine Shops >> Factoring Food Service >> Factoring Automotive Supply >>   Factoring Printers >>


Paragon Financial is a full service factoring company based in Florida. Factor your receivables and improve cash flow without additional debt with our experts in invoice factoring and purchase order financing. Call 800.897.5431 today for a free consultation or fill out a quick and simple application.

Copyright © 2009 Paragon Financial Group.